Houston private equity firm Capstreet has acquired Analytic Stress Relieving Inc., a Lafayette heat treatment services provider. Financial terms of the transaction were not disclosed.
Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates intended to cool economic growth.
Lake Charles Methanol II LLC today announced plans to invest $3.24 billion to construct a manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles.
A startup company’s employees are among its most valuable assets, so when they leave after an acquisition, it can become a big issue for the acquiring company, Harvard Business Review reports.
Life for Tyres Group Limited, a European tire recycling company, announced plans last week to invest $46 million in its first U.S. processing facility at the Port of South Louisiana’s Globalplex site in Reserve, Biz New Orleans reports.